New Financial Instrument Listing Announcement - “CLN601”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN601”
Stock Code: CLN601
ISIN Code: ZAG000161142
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN601 Senior Unsecured Floating Rate
Credit Linked Notes due 18 June 2024 - sponsored by The Standard
Bank of South Africa Limited (acting through its Corporate and
Investment Banking Division), under its Structured Note
Programme.
Authorised Programme size ZAR60,000,000,000
Total notes issued
(including current issue) ZAR38,880,708,202.43
Full Note details are as follows:
Issue Date: 22 July 2019
Nominal Issued: ZAR23,000,000
Coupon Rate: Three-month ZAR-JIBAR-SAFEX
plus 2.00%, per the
Applicable Pricing
Supplement
Coupon Indicator: Floating
Interest Rate Determination Dates: Each 18 March, 18 June,
18 September and 18 December
of each year commencing on
the Interest Commencement
Date until the Maturity Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 18 June 2024
Interest Commencement Date: Issue Date
First Interest Payment Date: 18 September 2019
Interest Payment Dates: Each 18 March, 18 June,
18 September and 18 December
of each year until the
Maturity Date
Business Day Count/Convention: Actual/365 (Fixed) and
Following Business Day
Books Close: Each 13 March, 13 June,
13 September and 13 December
of each year, until the
applicable Interest Payment
Date
Last day to register: 17h00 on 12 March, 12 June,
12 September and 12 December
of each year, or if such day
is not a Business Day, the
Business Day before each
books closed period
Placement Agent: The Standard Bank of South
Africa Limited
Debt Security subject
to guarantee; security
or credit enhancement: Not Applicable
Additional Terms and Conditions: Investors should study the
Pricing Supplement for full details of the specific terms and
conditions applicable to this specific issuance.
Notes will be deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.
Dated 19 July 2019
Sponsor – The Standard Bank of South Africa Limited
For further information on the Notes issued please contact:
Johann Erasmus SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za
Date: 19/07/2019 09:45:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.